GMS Podcasts

GMS is the world’s largest cash buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound recycling of their vessels. We offer free training to recycling yard workers in India, Pakistan and Bangladesh through our Sustainable Ship and Offshore Recycling Program. GMS Podcasts channel offers a weekly take on the shipping markets, vessel residual values, and ship recycling.

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Ship Recycling Market Update Week 24 2026 | Brent Falls Below $90, Hormuz Deal Nears & Monsoon Rules

Ship Recycling Market Update Week 24 2026 | Brent Falls Below $90, Hormuz Deal Nears & Monsoon Rules

The war premium in global shipping and energy markets has finally cracked, but the ship recycling market is still waiting for the final signature. In Week 24 of 2026, Brent crude fell sharply toward U...

15 Kesä 9min

Why Steel Prices Drive Ship Recycling Offers | Steel, Ships & Recycling Values Ep. 1

Why Steel Prices Drive Ship Recycling Offers | Steel, Ships & Recycling Values Ep. 1

Steel is one of the most important drivers of ship recycling values, but recycling offers are not based on steel prices alone. In the first episode of Steel, Ships, and Recycling Values, Nayeem Noor, ...

12 Kesä 10min

Ship Recycling Market Update Week 23 2026 | Hormuz Traffic Returns, Brent Eases & Monsoon Window Closes

Ship Recycling Market Update Week 23 2026 | Hormuz Traffic Returns, Brent Eases & Monsoon Window Closes

Traffic is returning through the Strait of Hormuz, but for the global ship recycling market, the timing has come too late. In Week 23 of 2026, vessel movements through Hormuz improved materially, even...

8 Kesä 6min

Ship Recycling Market Update Week 22 2026 | US-Iran Deal Struck, Hormuz Reopening, Brent Falls & Monsoon Window Closes

Ship Recycling Market Update Week 22 2026 | US-Iran Deal Struck, Hormuz Reopening, Brent Falls & Monsoon Window Closes

After seven weeks of uncertainty, the global ship recycling market finally received its strongest diplomatic breakthrough yet. In Week 22 of 2026, the United States and Iran reached a tentative agreem...

1 Kesä 7min

Ship Recycling Market Update Week 21 2026 | Hormuz Passage Opens, Monsoon Window Closes

Ship Recycling Market Update Week 21 2026 | Hormuz Passage Opens, Monsoon Window Closes

Week 21 marks a major turning point in the global ship recycling market as the strongest reopening signal yet emerges from the Strait of Hormuz. Three supertankers transited the Strait for the first t...

25 Touko 9min

Ship Recycling Market Update Week 20 2026 | Brent Rebounds, Freight Stays Strong, Backlog Hardens

Ship Recycling Market Update Week 20 2026 | Brent Rebounds, Freight Stays Strong, Backlog Hardens

Week 20 marks a decisive shift in the global ship recycling market as diplomatic momentum around Hormuz stalls, Brent crude rebounds above USD 107, and freight markets continue strengthening across th...

18 Touko 7min

HKC and the Worker’s Voice, Episode 2: EUSRR, Fair Recognition and Worker-Centred Ship Recycling in Alang

HKC and the Worker’s Voice, Episode 2: EUSRR, Fair Recognition and Worker-Centred Ship Recycling in Alang

In this episode of GMS Podcasts, Dr. Anand Hiremath, CEO of the Sustainable Ship and Offshore Recycling Program, continues his conversation with Mr. Vidhyadhar Rane, General Secretary of the Alang Sos...

15 Touko 10min

Ship Recycling Market Update Week 19 2026 | Brent Falls, Freight Surges, Backlog Holds

Ship Recycling Market Update Week 19 2026 | Brent Falls, Freight Surges, Backlog Holds

Week 19 marks a major shift in the global ship recycling market as Brent crude falls sharply, diplomacy re-enters the Hormuz conversation, and freight markets move strongly in the opposite direction. ...

11 Touko 8min

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